Robustness

Name: Robustness
SKU: 24147716
Price: 141.00 NZD
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Paperback / softback

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Description

The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the model completely. But what should a decision maker do if the model cannot be trusted? Lars Hansen and T

Author Biography:

Lars Peter Hansen is the Homer J. Livingston Distinguished Service Professor in the Department of Economics at the University of Chicago. Thomas J. Sargent is professor of economics at New York University and senior fellow at the Hoover Institution. He is the author of The Conquest of American Inflation and the coauthor of The Big Problem of Small Change (both Princeton).

Release date NZ

June 28th, 2016

Author

Audiences

Professional & Vocational
Tertiary Education (US: College)

Pages

464

Dimensions

178x254x23

ISBN-13

9780691170978

Product ID

24147716

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